Oireachtas Joint and Select Committees

Wednesday, 26 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Central Bank

3:00 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

The Governor has seen the Credit Suisse global wealth report. It suggests that 20% of the €508 billion of net household wealth in Ireland is held by the top 1% in society. It also states that the top 5% of society holds over 40% of net household wealth and the top 10% holds over 50%. What does the Governor say of this?

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